Overview

• Wolfe Research on Sept. 30 reaffirmed Alphabet at Outperform with a $220 price target, signaling confidence in the company’s long-term trajectory.
• Wolfe removed the shares from its list of top near-term picks but noted recent outperformance versus the broader market.
• Alphabet shares are reported up more than 50% year to date and are trading near their 52‑week high.
• A Yahoo Finance column urged investors to buy the stock, citing integrated Gemini features, DeepMind leadership, TPUs, and Google Cloud, with a forward P/E around 23.4.
• Coverage highlights ongoing AI rollout across consumer and enterprise offerings, including Google AI mode availability in Spanish worldwide.